Tuesday, March 27, 2012

No More GOP Whining about Overregulation | Richard W. Rahn | Cato Institute: Commentary

No More GOP Whining about Overregulation | Richard W. Rahn | Cato Institute: Commentary: "We are used to various government agencies overreaching and then seeing members of Congress go on TV and complain about what the government agencies are doing. The fact is, Congress (both parties are guilty) has failed in its oversight responsibilities and continues to fund agencies that ignore both the Constitution and the law.

Republicans whine that they cannot control spending because they only control one half of Congress. But the plain fact is that the Constitution is very specific. Any spending bill must be passed by both houses of Congress and signed into law by the president. Setting aside for the moment the budget agreements that House Republicans, Senate Democrats and the president made about the overall level of spending and funding of the entitlements, there is still much House Republicans can do through the appropriations process to prevent many of the excesses of government.

For instance, there is nothing to prevent the House Republicans from refusing to fund the EPA’s desired budget until the agency puts procedures in place to guarantee the basic constitutional rights of all Americans, including independent judicial review, before any fines or criminal charges are levied. These same rules also should apply to the Securities and Exchange Commission (well-known for its incompetence and overreaching), the Internal Revenue Service (IRS) and other agencies that have a record of abusing citizens."

"Many Republicans continue to vote for appropriations for international outfits such as the Organization for Economic Co-operation and Development, which has an anti-tax competition agenda and global minimum-tax agenda, and the International Monetary Fund, which indirectly helped fund the Greek bailout. Both organizations damage American interests. Members of Congress, please explain why U.S. taxpayers should have some of their hard-earned money spent to help the Greeks. The administration and members of Congress argue that no U.S. taxpayer money was directly used, but money is fungible. Just because it goes through several pockets does not mean that U.S. taxpayers did not contribute."

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